Example: bankruptcy
Externality
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LECTURE 10 EXTERNALITIES - Department of Economics
econ.berkeley.eduFeb 20, 2020 · Definition. Social marginal benefit. The private outcome versus the socially optimal outcome. Welfare analysis of a positive externality. Other examples of positive externalities. REMEDIES FOR EXTERNALITIES. Private solutions. Government regulation. Taxes and subsidies. Economics 2 Spring 2020. LECTURE 10. Externalities. February 20, 2020.